Instruments

In accordance with section 944 of the Companies Act 2006, Article 4 of the Companies (Takeovers and Mergers Panel) (Jersey) Law 2009 and section 340C of the Companies (Guernsey) Law, 2008, the Code Committee of the Panel makes rules by way of instruments in writing. This page includes the Code as at 20 May 2006 (the date on which the Takeovers Directive was implemented in the United Kingdom) and the instruments by which the Code Committee has made rules since that date. All the links in the following table are to documents in PDF format.

Replacement of the Office of Fair Trading and the Competition Commission by the Competition and Markets Authority; change of name of the Association of Private Client Investment Managers and Stockbrokers to the Wealth Management Association

The Takeover Code

The Takeover Code is designed to ensure that shareholders are treated fairly, are not denied an opportunity to decide on the merits of a takeover and are afforded equivalent treatment by an offeror. It provides an orderly framework within which takeovers are conducted.Download Code as PDF - Order printed copy